NOT LISTED FOR SALE

3800 Lake Dr Cocoa, FL 32926

Cocoa West Neighborhood

Estimated Value: $271,000 - $343,000

-- Bed
2 Baths
1,984 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $157,500 $79 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,735/month

38 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Siding
  • 1-Story Property

About This Home

As of May 2018

Great Rental Investment with a Positive Cash Flow. Beautiful and Well Maintained, Duplex are Close To Everything. Also available is duplex next door also for sale. Side by Side. WHAT Great Opportunity For Investor Fully Rented With Leases In Place Each Side Has Beautiful Wood Vaulted Callings With Indoor Laundry Room. Don’t Miss Out On This Great investment with Positive income return.

Last Agent to Sell the Property

Ravea Roopan

Roopan Realty Inc License #3220438 Listed on: 02/09/2018

Co-Listed By

Nicholas Mountoulias

Roopan Realty Inc License #3126414

Last Buyer's Agent

Eyad Yusuf

RE/MAX Elite License #3374631

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1984

Lot Details

  • 0.25

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property

Schools

  • Saturn Elementary School
  • Cocoa Middle School
  • Cocoa High School

Additional Features

  • 0.25 Acre Lot
  • Central Air

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 24-35-25-00-00557.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ne 1/4 Of Ne 1/4 Ex Rd R/W Subdivision

Building Details

  • Operating Expense $3,615
  • Gross Income $18,300
  • Net Operating Income $14,685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,350

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1984
  • Reso Property Sub Type: Duplex
  • Co List Office Mls Id: 3533
  • Co List Office Phone: 321-345-4935
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: NE 1/4 of NE 1/4 Ex Rd R/W
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 24-35-25-00-00557.0-0000.00
  • Location Tax and Legal Elementary School: Saturn
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 2350.43
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1984.0
  • General Property Information Building Area Total3: 1984.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 18300.0
  • Income And Expenses Operating Expense: 3615.41
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • ResoLivingAreaSource: Other

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.25
  • Waterfront: No
  • Construction Type: Frame, Wood Siding, Other
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Other
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2407615
  • Parcel #: 24-35-25-00-00557.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Other

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2350.43

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3615.41
  • Income And Expenses Net Operating Income: 14684.59

MLS Schools

  • Elementary School: Saturn
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Paz Jonathan N and Paz Anne M
Bought by
Lake Nelia A and Purnell Cheri L
Current Estimated Value
$289,956

Purchase Details

Listed on
Feb 9, 2018
Closed on
May 18, 2018
Sold by
Paraig Moolchand and Paraig Jhaimwattie R
Bought by
Paz Anne M and Paz Jonathan N
Seller's Agent
Ravea Roopan
Roopan Realty Inc
Buyer's Agent
Eyad Yusuf
RE/MAX Elite
List Price
$174,900
Sold Price
$157,500
Premium/Discount to List
-$17,400
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$118,125
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lake Nelia A $173,700 Title Solutions Of Florida
Paz Anne M $157,500 Landing Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paz Anne M $118,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $157,500 -9.9% $79 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $174,900 -- $88 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,010 $155,730 -- --
2023 $2,010 $151,200 $18,000 $133,200
2022 $1,966 $155,930 $0 $0
2021 $1,949 $151,390 $0 $0
2020 $1,838 $149,300 $18,000 $131,300
2019 $2,652 $138,240 $18,000 $120,240
2018 $2,443 $120,000 $0 $120,000
2017 $2,350 $110,000 $0 $110,000
2016 $2,264 $100,000 $0 $0
2015 $2,248 $95,700 $11,400 $84,300
2014 $2,126 $87,000 $11,400 $75,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ravea Roopan

    Roopan Realty Inc

    (321) 508-6186

    42 Total Sales

    Ravea Roopan
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Nicholas Mountoulias

    Roopan Realty Inc

    Section Image
  • Eyad Yusuf

    Buyer's Agent in 2018

    Eyad Yusuf

    RE/MAX

    (516) 850-1391

    68 Total Sales

    Eyad Yusuf
    Section Image
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 804826

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-35-25-00-00557.0-0000.00

Florida Brevard County Cocoa 32926 Cocoa West

3800 Lake Dr, Cocoa, FL

This home is located at 3800 Lake Dr, Cocoa, FL 32926 since 09 February 2018 and is currently estimated at $289,956, approximately $146 per square foot. This property was built in 1984. 3800 Lake Dr is a home located in Brevard County with nearby schools including Saturn Elementary School, Cocoa High School, and Emma Jewel Charter Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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